PHSC (LSE:PHSC) Debt-to-Equity : 0.02 (As of Sep. 2023)

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What is PHSC Debt-to-Equity?

PHSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.03 Mil. PHSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.03 Mil. PHSC's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £3.55 Mil. PHSC's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PHSC's Debt-to-Equity or its related term are showing as below:

LSE:PHSC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.02
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of PHSC was 0.02. The lowest was 0.00. And the median was 0.01.

LSE:PHSC's Debt-to-Equity is ranked better than
96.39% of 471 companies
in the Conglomerates industry
Industry Median: 0.56 vs LSE:PHSC: 0.02

PHSC Debt-to-Equity Historical Data

The historical data trend for PHSC's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PHSC Debt-to-Equity Chart

PHSC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.02

0.01

0.02

0.01

PHSC Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.02	0.01	0.01	0.02

Competitive Comparison of PHSC's Debt-to-Equity

For the Conglomerates subindustry, PHSC's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PHSC's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PHSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PHSC's Debt-to-Equity falls into.

PHSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PHSC's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.025	+	0.025)	/	3.638
	=	0.01

PHSC's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.03	+	0.027)	/	3.552
	=	0.02

PHSC (LSE:PHSC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

PHSC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PHSC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

PHSC (LSE:PHSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PHSC PLC (LSE:PHSC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Rochester Road, The Old Church, Aylesford, Kent, GBR, ME20 7PR

Website

https://www.phsc.plc.uk

PHSC PLC through its trading subsidiaries is engaged in providing health, safety, hygiene, and environmental consultancy services and security solutions to the public and private sectors. Most of the group's revenue is primarily generated by Security related products. It serves the leisure industry and carries out a statutory examination of plant and machinery through insurance brokers or directly for clients. Also, it provides consultancy and training in quality systems management. Geographically, all the business activity primarily functions across the region of the UK.

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